Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
Lower freight rates made a dent in the top and bottom lines of CMA CGM and ZIM in the fourth quarter, following the trend experienced by container shipping contemporaries Maersk and Hapag-Lloyd. While ...
Cosco Shipping Holdings reported a lower 2025 net profit due to weaker revenue from its container shipping business. Full-year net profit dropped 37% to 30.86 billion yuan, equivalent to US$4.47 ...
The Federal Maritime Commission (FMC) has begun releasing Containerized Freight Statistics (CFS) data, which is submitted by ocean common carriers as mandated by the Ocean Shipping Reform Act of 2022.
French shipping company CMA CGM expects first-quarter volumes growth of around 4.5%, despite major disruption to the global transport industry due to the U.S.-Israeli war with Iran."Growth in CMA ...
As global container markets suffer the swings and declines in demand and income intra-Asia lines have seen profits boosted by ...
TS Lines has placed a new order for a quartet of box ships at Fujian Mawei Shipbuilding, further expanding its owned fleet ...